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Tata Steel BSL reports consolidated net profit of Rs 5.93 crore in the March 2020 quarter

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Sales decline 20.86% to Rs 4064.89 crore

Net profit of Tata Steel BSL reported to Rs 5.93 crore in the quarter ended March 2020 as against net loss of Rs 212.41 crore during the previous quarter ended March 2019. Sales declined 20.86% to Rs 4064.89 crore in the quarter ended March 2020 as against Rs 5136.40 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 628.49 crore in the year ended March 2020 as against net profit of Rs 1711.88 crore during the previous year ended March 2019. Sales declined 13.20% to Rs 17237.79 crore in the year ended March 2020 as against Rs 19860.12 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales4064.895136.40 -21 17237.7919860.12 -13 OPM %18.9415.30 -13.6319.12 - PBDT376.9275.34 400 765.90177.58 331 PBT6.68-290.68 LP -697.51-1264.16 45 NP5.93-212.41 LP -628.491711.88 PL

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, May 21 2020. 08:02 IST
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